05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
The North American market was quiet today with no new trading reported. The EU market saw light trading at 0,85 – 0,87€ this afternoon. Sources, for the most part, called the market quiet. Depending on what side of the pond the report was heard from, EU prices are going to go up to adjust for currency or US prices are going to fall due to the strong dollar. Market direction will likely become more transparent with April…